HDFC Asset Management Receives 97.51% Approval for 1:1 Bonus Share Issue

HDFC Asset Management Company Limited received overwhelming shareholder approval for its bonus share issuance proposal through a postal ballot process. The e-voting concluded on November 16, 2025, with a significant majority of shareholders voting in favour of the resolution. 

Postal Ballot E-Voting Results 

The postal ballot e-voting process commenced on October 18, 2025, at 9:00 AM IST and concluded on November 16, 2025, at 5:00 pm IST. Out of 4,45,397 total members holding shares as on the cut-off date of October 15, 2025, a total of 2,704 members holding 18,14,97,669 equity shares exercised their voting rights through the e-voting facility.  

The resolution received 97.51% votes in favour, with 17,67,42,799 shares voted in support, whilst 45,16,663 shares representing 2.49% voted against the proposal. 

1:1 Bonus Share Issue  

Issuance of bonus Equity Shares in the ratio of 1:1 i.e. 1 (One) new fully paid-up Equity Share of Rs. 5/- (Rupees Five Only) each for every 1 (one) fully paid-up Equity Share of 5/- (Rupees Five Only) each, to the Members of the Company as on the record date.  

Record Date for Bonus Shares  

The record date for determining the entitlement of the Members of the Company to receive bonus Equity Shares is fixed as Wednesday, November 26, 2025. 

Category-Wise Voting Breakdown 

The promoter and promoter group holding 1,12,79,830 equity shares voted 100% in favour of the bonus share issuance resolution. Public institutional shareholders holding 6,79,66,635 shares recorded 81.88% voting participation, with 93.36% voting in favour and 6.64% against. Public non-institutional shareholders holding 1,88,11,522 shares showed 5.94% participation, with 99.87% of the votes cast supporting the resolution. 

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Resolution Declaration Timeline 

The ordinary resolution for approval of bonus share issuance is deemed as passed on November 16, 2025, following the conclusion of the e-voting period. As per the postal ballot notice dated October 15, 2025, the chairman or any authorised person shall declare and confirm the e-voting results on or before November 18, 2025. 

HDFC Asset Management Company Share Price Performance 

On November 17, 2025, HDFC Asset Management Company share price opened at ₹5,438.00 on NSE, above the previous close of ₹5,413.00. During the day, it surged to ₹5,450.00 and dipped to ₹5,428.00. The stock is trading at ₹5,438.00 as of 9:17 AM. The stock registered a marginal change of 0.46%. 

Over the past week, it has declined by 0.77%, over the past month, it has declined by 4.86%, and over the past 3 months, it has declined by 4.88%. 

Conclusion 

HDFC Asset Management Company Limited's shareholders have approved the bonus share issuance with 97.51% majority through postal ballot concluded on November 16, 2025. The resolution received strong support across promoter, institutional, and non-institutional shareholder categories. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

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